Solana potential airdrop 2024
MarginFi
>MarginFi is a lending/borrowing platform
>They have a points system where we believe the more points you get
>Every dollar you lend deposit is 1 point
>Every dollar you borrow is 4 points
Maximizing Points
- Deposit Msol
- Withdraw Sol
- stake sol -> Msol
- Deposit sol
- Continue looping until you find an account health % you are comfortable with
Technically, you could do this with stables. I.e Deposit USDT, withdraw USDC, convert USDC -> USDT, and then depo
However, if you want to capture on the price appreciation of SOL this cycle, the first method above is the way to go
You could also consider using JitoSol from @jito_sol
, but Marinade is also giving out $MDNE for staking with them.
Further, when staking sol -> msol, make sure you manually choose @StepFinance_
as the validator you want to stake with; you get $STEP rewards as well. Refer to the image below to do so. Simply click 'manual delegation' and then select Step Finance as your validator.